Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. In his remarks he defended the U.S. central bank’s bond-buying stimulus, urged lawmakers to avoid sharp spending cuts. Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. In his remarks he defended the U.S. central bank’s bond-buying stimulus, urged lawmakers to avoid sharp spending cuts set to go into effect by the end of the week, and spoke about successful efforts to curb inflation to stimulate the economy.

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Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth.*Among the issues he addressed were the use of quantitative easing, efforts to ease unemployment, efforts to control inflation, and the state of financial markets.